Maximus Resources Ltd (ASX:MXR) has an asset acquisition on the table, with the ASX granting the company a trading halt to prepare details.
Maximus had $1.4 million in cash at the end of June 2016.
The company is currently focused on projects within Australia, and has outlined lithium potential at Spargoville.
The halt will remain in place until the opening of trade on Wednesday 3rd August 2016, or earlier if an announcement is made to the market.
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